BTC DCA Entry Locations off Fibs + SupportEntries:
-30% - $43,000
-30% - $41,000
-40% - $38,600
Not Financial Advice
XBT30M trade ideas
Apocalypse of Bitcoin..!This is the beginning of the end..!
Bitcoin will shocked you in the coming months ..!
You don’t expect but 10k or lower by the end of 2021, or early 2022..!
I’m challenging everyone to present Bitcoin analysis more accurate than mine..!
Moshkelgosha
Positive RSI Divergence on daily for BTC USDT pair- RSI daily formed positive divergence (u can also see this at 4h chart)
- 42K support worked perfectly
This is not the beginning nor the EndIn September 2020, when bitcoin was 10400 I published an analysis with a 100k price target in the next 2 years, why I changed my target and duration of the bullish rally on April 13, 2021, just one day before Coinbase IPO. and on April 29, I updated my target to 42-46k between May 10-20th.
Why did I change my target?
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1-Sep 12, 2020: Bitcoin could technically soar to 100 Thousand, what next?
2- Oct 21, 2020: Do Not Trade Bitcoin, Invest in Bitcoin for The next 2 years!
3-Apr 13: History tends to repeats itself..!
4-Apr 29: An updated target for Bitcoin
Bitcoin Trading Plan For The Next 12-24 MonthsMy Bitcoin Trading Plan For The Next Year. I Posted The $59,384 Short Level Weeks Ago And It Touched It Perfectly. Does Anyone Else Here Trade Price Action? Hoping That BTC Pops Soon To $56K For A Short Re-Add. See You Guys At $20K Where I'll Begin Accumulating Again, Just Like $3400. Not Financial Advice.
BTC - Major Cliff or recovery? SHORT: 39k Wick?Self-explanatory - my bet is a wick to 39k. TBD. Gl shooters.
Reversal or correction that is the Question?An uptrend, which is a series of higher swing highs and higher lows, reverses into a downtrend by changing to a series of lower highs and lower lows. (Investopedia)
I have published analysis before it happened!!!
Educational Article:
www.investopedia.com
Bitcoin Sell Scenario Btc has broken down the 2nd support and is looking very weak right now, tread carefully! www.shareawarefinancialresearch.com
Possible Bitcoin ScenariosBitcoins weaking the last weeks more and more. Best, but very unreliable version would be sidewards trend. More possible is a draw down.
So targets are 42k $ and maybe 22k$
So fasten your seatbelts :)
BITCOIN Entry just above previous high- Strong momentum to the upside
- Entry earlier today off the 382 predicts 618 extension
- New targets at 65k+
In the Great Falls Only important support ma 200 Yellen Warning Treasury Secretary Yellen says Jrates may have to rise somewhat to keep economy from overheating ...cnbc
BTC/USD 105 MinBTC is in a Long neutral ....... is Ready to Brake a apparent weak supply zone, is between $58100 and $60000, if BTC break hard 60K it cam reach 61K and 63K but if not pass 60K with power then turn down to Sell if Turn down in 57K and 56K, if brake 60K can reach 61.5K if brake 64K can reach 65K and rejected in that area forcing sideways or down the price.
Multi-Timeframe Analysis: BitcoinHourly Chart: Expanding Triangle(Bearish)
Daily Chart: Bearish Flag + Doji followed by confirmation Candle at 0.618 Fibonacci level. (Bearish)
Weekly Chart: Closing below Flat Top triangle for 2 weeks, and Bullish Engulfing after a Spinning Top and confirmation. (Neutral-Bullish)
Monthly Chart: Spinning Top after 13 months of Parabolic price move.
Change in Average Dollar Value of Trades: in the first 4 months of 2021 in comparison to the last 4 months of 2020.
Conclusion: Bearish is the most probable scenario.
Moshkelgosha
Educational Articles:
1-Triangle:
www.investopedia.com
2- Retracement vs reversal:
www.investopedia.com
3- Fibonacci Retracement Levels:
www.investopedia.com
4-Flag:
www.investopedia.com
5- Bullish Engulfing:
www.investopedia.com
6-Spinning Top:
www.investopedia.com
7- Parabolic uptrend:
www.investopedia.com
